OCC’s CCP sec lending continues to soar in June
04 June 2017 Chicago
Image: Shutterstock
OCC’s securities lending activity through its central counterparty rose by more than a quarter in new loans in June.
The Chicago-based equity derivatives clearinghouse recorded 204,340 transactions last month, up 27 percent on the same time last year.
Year-to-date lending activity was also up 20 percent from 2016 with 1.1 million new loan transactions.
The average daily loan value cleared by OCC in June was $154.4 billion.
Cleared futures volume was up 16 percent in June, compared to the same period last year. The clearinghouse recorded 13.2 million contracts last month.
OCC’s year-to-date average daily cleared futures volume was up 44 percent with 557,161 contracts in 2017.
The Chicago-based equity derivatives clearinghouse recorded 204,340 transactions last month, up 27 percent on the same time last year.
Year-to-date lending activity was also up 20 percent from 2016 with 1.1 million new loan transactions.
The average daily loan value cleared by OCC in June was $154.4 billion.
Cleared futures volume was up 16 percent in June, compared to the same period last year. The clearinghouse recorded 13.2 million contracts last month.
OCC’s year-to-date average daily cleared futures volume was up 44 percent with 557,161 contracts in 2017.
NO FEE, NO RISK
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Â鶹´«Ã½ Finance Times
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Â鶹´«Ã½ Finance Times
